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Jay Hoffman

Jay Hoffman

Loan Officer
Movement Mortgage
NMLS ID # 709691
3701 Pender Dr, Ste 210, Fairfax, VA 22030
Dial Phone Number
p: (703) 582-7481
f: (703) 547-9878
Send E-mail to
e: jay.hoffman@movement.com

Market Update

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June 7, 2024

July Rate Cut Off the Table as Job Market Surges

Today's unemployment report has effectively ruled out any possibility of a July rate cut by the Federal Reserve. Nonfarm payrolls increased by 272,000 in May, significantly surpassing the expected 180,000. Additionally, hourly earnings rose at...

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Jay Hoffman
Jay Hoffman
Loan Officer
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3701 Pender Dr, Ste 210, Fairfax, VA 22030
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NMLS # 709691

State License #MD-709691, VA-MLO-26266VA

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